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3 years ago

Which of the following would most likely NOT have a direct correlation with an increase in productivity for a company?

Business

1 answer:

djverab [1.8K]3 years ago

3 0

Answer:

The answer is increase in company stock prices.

Explanation:

From all the options, the one that would not directly cause an increase in productivity would be the increase in company stock prices. Additional training of the labor force would most likely increase productivity through the acquisition of new knowledge or skill. Hiring additional workers would also increase the overall productivity of a company. Buying new technology can increase work tempo, which would result in increased productivity as well.

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Nicoloss is a store that sells clothes, cosmetics, travel bags, and furniture to final consumers. Customer reviews indicate that

kirill115 [55]

Answer: Department store

Explanation: When an establishment offers products and services to end or final consumers in various product segments or categories, such stores are usually referred to as department stores. The word department means each product offering is separated or segmented with varieties to choose from. In the scenario above, Nicoloss store is composed of departments ranging from Clothing, Cosmetics, travel bags, furniture, which gives shoppers the opportunity to purchase from different categories of products on offer within the walls of a single store.

6 0

3 years ago

Need help!

Romashka [77]

Answer:

1. Journal entries are quicker and more comfortable in the manual accounting

2. Posting is easier in computer software-based accounting

3. Trial balance adjustment in manual accounting is tricky. However, a lengthy process may pose a challenge for computerized accounting.

4. Financial statements are more straightforward in software-based accounting than manual accounting

Explanation:

The introduction of accounting software such as QuickBooks has transformed the working for accounting professionals. The conventional accounting system replacement has made the job more comfortable. However, there are new challenges added, such as learning the software, making error-free inputs, and pace of computer-related entries. However, considering that once these skills are learned, the overall job is easier than before.

1. Journal entries in manual are made quicker, and errors can be rectified. However, entries are linked automatically to their respective ledgers that solve the challenges with compound entries

2. Posting is simpler in software as the general ledger is created on a single click. Manual posting requires time and efforts

3. Adjusted entries need to manual input in conventional method to create the adjusted trial balance whereas, in software, its added through adjusting journal entries.

4. Financial statements are much more straightforward in software as they are available on one click, whereas in manual accounting, they are required to be calculated.

4 0

3 years ago

Journalize the following selected transactions for January. Journal entry explanations may be omitted.

ludmilkaskok [199]

Answer:

Jan. 1 Received cash from the investment made by the owner, $14,000.

Dr Cash 14,000

Cr Capital, owner 14,000

Jan. 2 Received cash for providing accounting services, $9,500.

Dr Cash 9,500

Cr Service revenue 9,500

Jan. 3 Billed customers on account for providing services, $4,200.

Dr Accounts receivable 4,200

Cr Service revenue 4,200

Jan. 4 Paid advertising expense, $700.

Dr Advertising expense 700

Cr Cash 700

Jan. 5 Received cash from customers on account, $2,500.

Dr Cash 2,500

Cr Accounts receivable 2,500

Jan. 6 Owner withdrew $1,010.

Dr Withdrawals 1,010

Cr cash 1,010

Jan. 7 Received telephone bill, $900.

Dr Utilities expense 900

Cr Accounts payable 900

Jan. 8 Paid telephone bill, $900.

Dr Accounts payable 900

Cr Cash 900

7 0

3 years ago

Three grams of musk oil are required for each bottle of Mink Caress, a very popular perfume made by a small company in western S

Harrizon [31]

Answer:

1. Direct Materials Budget Units( bottles) 66,000 102,000 140,000 94,000 Total 452,000

2. Costs Raw Materials $ 297,000 $ 459,000 $ 630,000 $ 423,000

Total 2034,000

Explanation:

Direct Materials Budget in Bottles & Grams

Year 2 Year 3

First Second Third Fourth First

Budgeted production, 60,000 90,000 150,000 100,000 70,000

Desired Ending Inventory

20 % 0f the Production 18,000 30,000 20,000 14,000

Less Beginning Inventory

36,000/ 3 12,000 18,000 30,000 20,000 14,000

D. Materials Budget 66,000 102,000 140,000 94,000

Grams in a Bottle 3 3 3 3

Raw Materials gms 198,000 306,000 420,000 282,000

Costs $1.50 $1.50 $1.50 $1.50

Costs Raw Materials $ 297,000 $ 459,000 $ 630,000 $ 423,000 

We add the desired ending inventory to the budgeted production and subtract the beginning inventory to get the direct materials budget in bottles. This is again multiplied with 3 gms and the cost per gram to get the total costs of the total grams. Each bottle contains 3 grams.

Direct Materials Budget in Bottles & Grams

Year 2

First Second Third Fourth Total

Budgeted production, 60,000 90,000 150,000 100,000 450,000

Add Desired Ending Inventory

20 % 0f the Production 18,000 30,000 20,000 14,000 82,000

Less Beginning Inventory

36,000/ 3 12,000 18,000 30,000 20,000 80,000

D. Materials 66,000 102,000 140,000 94,000 452,000

Grams in a Bottle 3 3 3 3 3

Raw Materials 198,000 306,000 420,000 282,000 1356,000

Costs $1.50 $1.50 $1.50 $1.50 1.50

Costs Raw Materials $ 297,000 $ 459,000 $ 630,000 $ 423,000 

Total $ 2034,000

3 0

4 years ago

Suppose that Portugal and Switzerland both produce fish and olives. Portugal's opportunity cost of producing a crate of olives i

Rashid [163]

Answer:

Portugal has comparative advantage in producing olives.

Switzerland has comparative advantage in producing fish.

Portugal can gain from trade if it receives more than 3 pounds of fish per crate of olives.

Switzerland can gain from trade if it receives more than 1/11 of olives for each pound of fish.

d. 18 pounds of fish per crate of olives.

Explanation:

Switzerland and Portugal both countries can produce Olives and fish. One country has advantage in producing fish while other has advantage in producing olives. Both countries can gain from trade if they find a intermediary way so that both countries can be in win win situation. It is beneficial for Portugal if it trades with Switzerland if it receives more than 3 pounds of fish.

4 0

3 years ago